Sayenko Kharenko

AEQUO advised EBRD on USD 20 million secured loan to Astarta Group

AEQUO acted as the Ukrainian legal counsel to the European Bank for Reconstruction and Development in connection with USD 20 million secured loan granted to Ukrainian subsidiaries of Astarta Group. The proceeds from the loan will be utilized for Astarta working capital needs. Astarta is going to employ modern IT solutions necessary for the precision farming it is promoting in Ukraine.

AEQUO lawyers assisted with the drafting and execution of the financing documentation, numerous security agreements and issued the legal opinion in favour of EBRD. Beyond the Ukrainian law, the project included English, Dutch and Cypriot law matters.

The financing is provided within the framework of long-standing cooperation between EBRD and Astarta.

AEQUO project team included senior associate Bohdan Dmukhovskyy and associate Glib Bukharin, who worked under supervision of Yulia Kyrpa, partner and head of banking & finance practice of the firm.

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